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Nigerian Banks

Nigerian-born Emehelu makes history as New Jersey Lieutant governor

Nigerian-born lawyer Shirley Emehelu has assumed office as New Jersey's lieutenant governor, becoming part of a historic female-led state administration.

Nigeria unveils 70 billion naira plan to eliminate noma, expand dental care

Nigeria has launched a 70 billion naira plan to eliminate noma and expand dental care through primary health centers by 2030.

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.

CBN Orders Banks to Remove Misleading Adverts

The CBN has directed banks to remove misleading bank adverts, warning that deceptive promotional content threatens consumer trust and financial-market stability.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Nigerian-born Emehelu makes history as New Jersey Lieutant governor

Nigerian-born lawyer Shirley Emehelu has assumed office as New Jersey's lieutenant governor, becoming part of a historic female-led state administration.

Nigeria unveils 70 billion naira plan to eliminate noma, expand dental care

Nigeria has launched a 70 billion naira plan to eliminate noma and expand dental care through primary health centers by 2030.

Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.